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Economy of Jordan vs Uganda compared: GDP & Debt

Updated on by Georank team

Jordan has a GDP of $53.4B compared to $53.7B for Uganda, ranking 91/197 and 89/197 by economy size, respectively.

Jordan has $51.2B in government debt (92.6% of GDP), compared to $27.8B (54% of GDP) in Uganda.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Jordan
GDP, current $

GDP, constant 2015 $
Uganda
GDP, current $

GDP, constant 2015 $
Year GDP
Jordan Uganda
Current $ Constant $ Current $ Constant $
1960 - - $423,145,605 -
1961 - - $441,667,335 -
1962 - - $449,158,233 -
1963 - - $516,315,231 -
1964 - - $589,247,687 -
1965 $599,759,760 - $884,502,310 -
1966 $657,999,737 - $925,381,492 -
1967 $631,679,747 - $967,240,655 -
1968 $561,119,776 - $1,037,379,252 -
1969 $698,879,720 - $1,168,556,629 -
1970 $639,519,744 - $1,259,554,809 -
1971 $678,159,729 - $1,417,191,656 -
1972 $788,479,685 - $1,490,970,181 -
1973 $943,783,840 - $1,701,829,789 -
1974 $1,197,483,949 - $2,098,944,967 -
1975 $1,363,073,498 - $2,359,555,556 -
1976 $1,708,521,219 $5,730,509,541 $2,447,300,000 -
1977 $2,096,778,602 $6,206,050,653 $2,936,470,588 -
1978 $2,602,208,589 $7,117,071,955 $2,420,260,870 -
1979 $3,271,368,781 $8,597,629,976 $2,139,025,000 -
1980 $3,910,044,474 $9,559,261,689 $1,244,610,000 -
1981 $4,383,944,703 $11,201,420,243 $1,337,300,000 -
1982 $4,681,240,993 $11,988,425,688 $2,177,500,000 $4,983,495,459
1983 $4,920,692,191 $11,722,313,981 $2,240,333,333 $5,269,775,231
1984 $4,967,162,160 $12,225,399,096 $3,615,647,477 $5,251,611,545
1985 $4,993,601,520 $11,894,464,002 $3,519,695,444 $5,077,973,311
1986 $6,402,050,485 $12,549,210,740 $3,923,244,050 $5,097,781,822
1987 $6,756,209,762 $12,840,763,338 $6,269,522,042 $5,299,750,982
1988 $6,277,451,829 $13,028,517,104 $6,508,931,652 $5,737,885,293
1989 $4,221,373,674 $11,630,658,935 $5,276,480,799 $6,102,926,184
1990 $4,160,087,508 $11,598,569,492 $4,304,399,310 $6,498,038,179
1991 $4,344,467,193 $11,785,136,086 $3,321,729,160 $6,858,945,425
1992 $5,310,833,194 $13,476,276,723 $2,857,457,762 $7,093,408,658
1993 $5,606,400,222 $14,080,955,882 $3,220,439,044 $7,684,026,613
1994 $6,236,295,978 $14,780,987,323 $3,990,430,447 $8,176,083,687
1995 $6,727,597,032 $15,697,537,789 $5,755,818,842 $9,118,233,745
1996 $6,927,503,526 $16,025,148,664 $6,044,585,327 $9,945,450,358
1997 $7,245,839,210 $16,555,336,763 $6,269,333,313 $10,452,668,512
1998 $7,912,270,804 $17,054,012,096 $6,584,815,847 $10,965,399,652
1999 $8,149,929,478 $17,632,063,087 $5,998,563,258 $11,848,547,280
2000 $8,460,789,845 $18,380,669,692 $6,193,246,837 $12,220,817,656
2001 $8,975,814,653 $19,349,323,187 $5,840,503,869 $12,854,303,430
2002 $9,582,510,578 $20,468,450,875 $6,178,563,591 $13,976,829,356
2003 $10,195,627,645 $21,320,279,754 $6,606,884,275 $14,881,585,674
2004 $11,411,706,629 $23,146,833,798 $7,939,487,548 $15,894,609,936
2005 $12,588,998,590 $25,032,512,559 $9,239,221,763 $16,901,146,461
2006 $15,056,981,664 $27,058,387,611 $9,977,647,683 $18,723,891,905
2007 $17,110,437,236 $29,270,727,369 $11,902,564,495 $20,299,025,449
2008 $22,658,715,989 $31,384,186,979 $14,440,404,132 $22,066,817,214
2009 $24,537,876,056 $32,960,837,542 $25,127,805,567 $23,567,695,615
2010 $27,133,804,225 $33,723,826,288 $26,673,441,431 $24,896,350,765
2011 $29,524,149,155 $34,646,908,078 $27,871,725,241 $27,234,530,260
2012 $31,634,561,690 $35,488,605,512 $27,305,915,911 $28,279,643,268
2013 $34,454,440,141 $36,414,839,440 $28,915,786,517 $29,294,007,440
2014 $36,847,643,521 $37,647,146,046 $32,612,397,257 $30,789,849,488
2015 $38,587,017,887 $38,587,017,887 $32,387,183,730 $32,387,183,730
2016 $39,892,551,127 $39,356,512,808 $29,203,988,696 $33,935,615,079
2017 $41,608,435,915 $40,330,034,783 $30,744,473,841 $34,998,276,802
2018 $43,370,860,704 $41,103,996,750 $32,927,025,620 $37,204,541,497
2019 $44,503,006,338 $41,823,826,702 $35,353,061,008 $39,600,047,064
2020 $43,700,383,099 $41,362,613,666 $37,600,368,240 $40,768,765,796
2021 $46,296,100,141 $42,874,683,401 $40,529,788,744 $42,210,585,953
2022 $48,764,963,380 $44,009,762,840 $45,565,333,216 $44,147,216,890
2023 $51,088,476,338 $45,279,041,101 $48,768,955,859 $46,503,341,915
2024 $53,352,289,577 $46,405,988,481 $53,651,874,314 $49,356,997,179

Economic indicators

Jordan Uganda
Gross domestic product
$53.4B
2024
$53.7B
2024
GDP rank
91/197
2024
89/197
2024
GDP growth
4.43%
2023-2024
10%
2023-2024
GDP per capita
$4,618
2024
$1,073
2024
GDP per capita rank
124/197
2024
173/197
2024
GDP per capita, PPP
$10,821
2024
$3,276
2024
Government debt
$51.2B
2024
$27.8B
2024
Debt-to-GDP ratio
92.6%
2025
54%
2025
Government debt per person
$4,429
2024
$556
2024
Government debt per person rank
88/185
2024
162/185
2024
Average annual personal income after taxes
$5,420
2025
$1,648
2025
Market capitalization of domestic companies
$24.9B
2024
n/a
Income share by richest 10%
27.4%
2010
34.5%
2019
Income share by poorest 10%
3.5%
2010
2.4%
2019
Government expenditure, % of GDP
31.3%
2025
21.4%
2025
Consumer prices inflation
1.56%
2023-2024
3.8%
2024-2025
Central bank interest rate
6.25%
2025
9.75%
2024
Unemployment rate
16.6%
2023
3.42%
2021
Population
11575983
52490669

GDP per capita in Jordan vs Uganda

Jordan's GDP per capita is $4,618, ranking 124/197, compared to $1,073 in Uganda, ranking 173/197. Adjusted for purchasing power (GDP per capita PPP), Jordan ranks 131st at $10,821, while Uganda ranks 175th at $3,276.

Jordan
GDP per capita

GDP per capita, PPP
Uganda
GDP per capita

GDP per capita, PPP
Year Current $
Jordan Uganda
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 - - $55.4 -
1961 - - $56.2 -
1962 - - $55.5 -
1963 - - $62 -
1964 - - $68.6 -
1965 $546 - $100 -
1966 $558 - $101.4 -
1967 $497 - $102.8 -
1968 $409 - $106.9 -
1969 $474 - $116.7 -
1970 $409 - $122 -
1971 $412 - $133.5 -
1972 $460 - $137 -
1973 $531 - $152.7 -
1974 $651 - $183.7 -
1975 $718 - $201.2 -
1976 $873 - $203.3 -
1977 $1,039 - $237.6 -
1978 $1,249 - $190.7 -
1979 $1,519 - $164.5 -
1980 $1,750 - $93.8 -
1981 $1,885 - $98.6 -
1982 $1,929 - $157 -
1983 $1,939 - $157.5 -
1984 $1,871 - $247.5 -
1985 $1,797 - $234.3 -
1986 $2,200 - $253.6 -
1987 $2,217 - $393 -
1988 $1,966 - $395 -
1989 $1,260 - $310 -
1990 $1,149 $4,317 $245 $666
1991 $1,110 $4,195 $183 $703
1992 $1,287 $4,654 $152.1 $719
1993 $1,289 $4,726 $165.6 $770
1994 $1,367 $4,830 $198.4 $809
1995 $1,416 $5,027 $278.5 $897
1996 $1,410 $5,055 $284.7 $969
1997 $1,436 $5,171 $286.8 $1,007
1998 $1,532 $5,264 $292.5 $1,037
1999 $1,545 $5,402 $257.9 $1,100
2000 $1,571 $5,641 $258.1 $1,124
2001 $1,632 $5,948 $236 $1,173
2002 $1,706 $6,256 $242 $1,255
2003 $1,776 $6,500 $250.7 $1,320
2004 $1,940 $7,074 $292.4 $1,405
2005 $2,088 $7,697 $330 $1,497
2006 $2,343 $8,046 $347 $1,660
2007 $2,506 $8,416 $401 $1,795
2008 $3,242 $8,983 $473 $1,931
2009 $3,436 $9,291 $799 $2,015
2010 $3,718 $9,417 $823 $2,092
2011 $3,947 $9,632 $836 $2,268
2012 $4,170 $9,739 $795 $2,032
2013 $4,311 $9,817 $818 $2,045
2014 $4,191 $9,145 $896 $2,134
2015 $4,043 $8,967 $863 $2,190
2016 $3,987 $8,748 $753 $2,165
2017 $4,066 $9,266 $765 $2,158
2018 $4,145 $9,042 $792 $2,312
2019 $4,170 $9,429 $822 $2,441
2020 $4,022 $9,579 $846 $2,532
2021 $4,183 $9,182 $883 $2,685
2022 $4,332 $9,927 $963 $2,919
2023 $4,466 $10,412 $1,002 $3,098
2024 $4,618 $10,821 $1,073 $3,276

Spending and national debt comparison

In 2024, Jordan's government spending was $17.8B, accounting for 31.3% of its GDP, while Uganda's spent $11B, or 21.4% of GDP.

Debt-to-GDP ratio is 92.6% in Jordan and 54% in Uganda, ranking 29/185 and 100/185, respectively.

Jordan
Government spending

Government debt
Uganda
Government spending

Government debt
Year % of GDP
Jordan Uganda
Government spending Government debt Government spending Government debt
1985 42.4% 85.2% - -
1986 33.8% 84.3% - -
1987 42.1% 101.9% - -
1988 44.3% 129.3% - -
1989 42.5% 195.4% - -
1990 44% 227.5% - -
1991 44.9% 207.7% - -
1992 35.5% 155.1% - -
1993 36.4% 140.6% - -
1994 34.3% 129% - -
1995 35.5% 117.8% - -
1996 36.2% 116.5% - -
1997 33.9% 109% 13.9% 44.2%
1998 34.9% 110.8% 14% 45.1%
1999 32.7% 109% 14.7% 47.7%
2000 33.1% 99.3% 15.2% 48.5%
2001 32.1% 94.4% 16.2% 51.4%
2002 32.9% 94.9% 16.8% 54.7%
2003 36% 88.8% 16.5% 55.1%
2004 36.6% 81.5% 15.6% 49%
2005 37.3% 73% 14.5% 42.6%
2006 34.7% 66.3% 13.7% 27.8%
2007 35.8% 64.3% 13.2% 17%
2008 34% 54.2% 12.9% 15.7%
2009 34.5% 58% 11.8% 14.8%
2010 32% 59.4% 15.4% 18.4%
2011 35.6% 62.1% 13.2% 18%
2012 36.8% 70.5% 13.1% 19.5%
2013 33.6% 75.6% 13.3% 22.1%
2014 35.6% 75% 13.6% 24.8%
2015 32.7% 78.4% 14.9% 28%
2016 28.4% 77.4% 15.2% 31.3%
2017 28.7% 75.7% 16.3% 33.6%
2018 30.1% 74.3% 16.2% 34.9%
2019 30.1% 78% 18.3% 37.5%
2020 31.7% 87.9% 21.4% 46.3%
2021 32.2% 98.2% 21.4% 50.3%
2022 32.6% 97.9% 20.2% 50.2%
2023 32.8% 97% 19% 50.2%
2024 33.3% 95.9% 20.5% 51.8%
2025 31.3% 92.6% 21.4% 54%

Government deficit by year

In 2024, Jordan's government deficit, the difference between spending and revenue, was -$4.41B, equivalent to -8.26% of GDP. This compares to Uganda's deficit of -$3.14B, or -5.85% of GDP.

Over the past 28 years, Jordan recorded a fiscal deficit in 28 of those years, while Uganda ran a deficit in 27 years. On average, Jordan posted an annual deficit equal to -6.06% of GDP, compared to deficit of -2.72% of GDP for Uganda.

Deficit/surplus
Jordan

Uganda
Year Deficit/surplus, % of GDP
Jordan Uganda
1985 -6.9% -
1986 -2.39% -
1987 -13.4% -
1988 -13% -
1989 -6.89% -
1990 -7.45% -
1991 -10.2% -
1992 1.87% -
1993 -2.14% -
1994 -2.3% -
1995 -1.72% -
1996 -3.25% -
1997 -2.97% -0.83%
1998 -5.4% -0.7%
1999 -2.69% -1.24%
2000 -3.99% -0.62%
2001 -2.77% -0.99%
2002 -4.44% -2.07%
2003 -2.52% -0.97%
2004 -1.09% 0.34%
2005 -5.36% -0.17%
2006 -3.82% -0.64%
2007 -5.03% -0.82%
2008 -4.8% -1.99%
2009 -8.84% -1.61%
2010 -7.81% -4.64%
2011 -9.82% -2.04%
2012 -14.3% -2.39%
2013 -10.1% -3.19%
2014 -8.48% -2.74%
2015 -8.39% -2.59%
2016 -3.66% -2.64%
2017 -3.57% -3.83%
2018 -4.61% -3.02%
2019 -5.83% -4.82%
2020 -9.07% -7.76%
2021 -7.46% -7.44%
2022 -6.95% -5.96%
2023 -7.64% -4.86%
2024 -8.26% -5.85%
2025 -5.32% -6.7%

Inflation comparison by year

Over the past 29 years, Jordan has recorded an average annual inflation rate of 3.03%, compared with 6.12% in Uganda. In 2024, inflation was 1.56% in Jordan and 3.8% in Uganda.

Inflation
Jordan

Uganda
Year Inflation
Jordan Uganda Jordan Uganda
1996 6.5% 7.5%
1997 3.04% 7.7%
1998 3.09% 5.8%
1999 0.61% 5.8%
2000 0.67% 3.4%
2001 1.77% 1.9%
2002 1.83% -0.3%
2003 1.63% 8.7%
2004 3.36% 3.7%
2005 3.49% 8.6%
2006 6.25% 7.2%
2007 4.74% 6.1%
2008 14% 12%
2009 -0.74% 13%
2010 4.85% 4%
2011 4.16% 18.7%
2012 4.52% 14%
2013 4.82% 5.5%
2014 2.9% 4.3%
2015 -0.88% 3.7%
2016 -0.78% 5.2%
2017 3.32% 5.6%
2018 4.46% 2.5%
2019 0.76% 2.1%
2020 0.33% 2.8%
2021 1.35% 2.2%
2022 4.23% 7.2%
2023 2.08% 5.4%
2024 1.56% 3.3%
2025 - 3.8%

Top exports between countries

Jordan
Export category Export value
Chemicals & pharma $5.39M
Processed food, beverages & tobacco $217K
Textiles & consumer goods $99K
Raw materials & minerals $93K
Machinery & equipment $12K
Uganda
Export category Export value
Animal & marine products $2.13M
Raw agricultural goods $797K
Processed food, beverages & tobacco $218K
Chemicals & pharma $3K
Machinery & equipment $1K
Textiles & consumer goods $1K

Balance of trade

Jordan Uganda
Current account balance
-$3.13B
2024
-$4.2B
2024
Current account balance ranking
156/189
2024
161/189
2024
Current account balance, % of GDP
-5.86%
2024
-7.83%
2024
Goods imports
$23.9B
2024
$11.7B
2024
Goods exports
$13.3B
2024
$8.67B
2024
Service imports
$6.5B
2024
$4.31B
2024
Service exports
$9.45B
2024
$2.39B
2024
Imports of goods and services, % of GDP
57.1%
2024
24.6%
2024
Exports of goods and services, % of GDP
42.6%
2024
16.9%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Jordan Uganda
Economic freedom 59.4 51.3
Economic freedom ranking 101/197 154/197
Property rights 54.4 47.4
Government integrity 48.8 24.1
Judicial effectiveness 43.5 29.2
Tax burden 83.9 73.6
Government spending 68.5 87.7
Fiscal health 2.8 35.5
Business freedom 62.4 50.3
Labor freedom 55.6 54.8
Monetary freedom 79.9 75.1
Trade freedom 82.4 57.4
Investment freedom 70 40
Financial freedom 60 40

Economic freedom by year comparison

The Economic Freedom Index for Jordan is 59.4, ranking 101/197, compared to 51.3 for Uganda, ranking 154/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Jordan
Uganda
Year Economic freedom index
Jordan Uganda
1995 62.7 62.9
1996 60.8 66.2
1997 63.6 66.6
1998 66.8 64.7
1999 67.4 64.8
2000 67.5 58.2
2001 68.3 60.4
2002 66.2 61
2003 65.3 60.1
2004 66.1 64.1
2005 66.7 62.9
2006 63.7 63.9
2007 64.5 63.1
2008 64.1 63.8
2009 65.4 63.5
2010 66.1 62.2
2011 68.9 61.7
2012 69.9 61.9
2013 70.4 61.1
2014 69.2 59.9
2015 69.3 59.7
2016 68.3 59.3
2017 66.7 60.9
2018 64.9 62
2019 66.5 59.7
2020 66 59.5
2021 64.6 58.6
2022 60.1 54.2
2023 58.8 51.4
2024 58.3 50.7
2025 59.4 51.3

More economic indicators

Jordan Uganda
Services, % of GDP
60.4%
2024
43.1%
2024
Industry, % of GDP
25.1%
2024
24.9%
2024
Agriculture, forestry, and fishing, % of GDP
5.07%
2024
24.7%
2024
GNI, Atlas method
$51.2B
2024
$50.9B
2024
GNI per capita, PPP
$10,570
2024
$3,200
2024
Total reserves including gold
$21.9B
2024
$3.36B
2018
Total reserves ranking
60/177
2024
114/177
2018
Net foreign direct investment
-$1.58B
2024
-$3.3B
2024
Net inflows of foreign direct investment
$1.63B
2024
$3.3B
2024
Net outflows of foreign direct investment
$54.1M
2024
$400K
2024
Servicing debt to the IMF, % of GNI
7.66%
2023
4.99%
2023
Poverty at national poverty lines
14.2%
2020
20.3%
2019
Gross capital formation, % of GDP
25.2%
2021
22.3%
2024

GDP per capita map

GDP per capita

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.